RateHacking

	B	C	D	E	F	G	H	I	J	K	L
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2	RateHacking
3	Take advantage of Conventional loan rules to get a lower interest rate.
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5	Below is a chart of what are called Loan Level Price Adjustments for Conventional loans. The numbers in the cells are not your interest rate. They are adjustments to your rate.
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8			Watch this video →	https://share.descript.com/view/w1V2awQsMxg
9			Area Median Lookup →	https://ami-lookup-tool.fanniemae.com/amilookuptool/
10			LLPA Matrix →	https://singlefamily.fanniemae.com/media/9391/display
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13			DOWN PAYMENT
14			70%	40%	30%	25%	20%	15%	10%	5%	3%
15	CREDIT SCORE	780	0.000%	0.000%	0.000%	0.000%	0.188%	0.188%	0.125%	0.125%	0.063%
16		760	0.000%	0.000%	0.000%	0.125%	0.313%	0.313%	0.250%	0.250%	0.125%
17		740	0.000%	0.000%	0.063%	0.188%	0.438%	0.500%	0.375%	0.313%	0.250%
18		720	0.000%	0.000%	0.125%	0.375%	0.625%	0.625%	0.500%	0.438%	0.375%
19		700	0.000%	0.000%	0.188%	0.438%	0.688%	0.750%	0.625%	0.563%	0.438%
20		680	0.000%	0.000%	0.313%	0.563%	0.875%	0.938%	0.750%	0.688%	0.563%
21		660	0.000%	0.000%	0.375%	0.688%	0.938%	1.063%	0.875%	0.813%	0.625%
22		640	0.000%	0.000%	0.563%	0.750%	1.125%	1.250%	1.000%	0.938%	0.750%
23		620	0.000%	0.063%	0.750%	1.063%	1.375%	1.438%	1.313%	1.125%	0.875%
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26			Assuming a 0.50% adjustment is ~ 0.25% change in rate
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30			Current Down	6.0%
31			Current Credit	800
32			Current Adjustment	0.125%
33			Future Down	15.0%
34			Future Credit	780
35			Future Adjustment	0.188%
36			Delta	-0.0625%
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38			Show Estimates	TRUE
39			Assumption	0.25%
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